CSW Industrials, Inc. (NYSE:CSW) Given Average Rating of "Hold" by Analysts

Key Points

• CSW Industrials has been given a consensus recommendation of "Hold" by five brokerages, with one analyst issuing a "strong buy" recommendation and an average 12-month price target of $319.75.
• Recent insider transactions include EVP James E. Perry selling 145 shares at an average price of $275.05, and CEO Joseph B. Armes selling 1,000 shares for $250,000, indicating decreased ownership stakes.
• The company recently announced a quarterly dividend of $0.27 per share, with an annualized yield of 0.4% and a payout ratio of 12.90%.

CSW Industrials, Inc. (NYSE:CSW - Get Free Report) has received a consensus recommendation of "Hold" from the five brokerages that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $319.75.

A number of equities research analysts have weighed in on the company. Wells Fargo & Company cut their target price on CSW Industrials from $305.00 to $285.00 and set an "equal weight" rating for the company in a research report on Friday, August 1st. Truist Financial set a $273.00 price objective on CSW Industrials and gave the company a "hold" rating in a report on Tuesday, August 5th. Finally, Zacks Research raised CSW Industrials from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 2nd.

Insider Buying and Selling at CSW Industrials

In other news, EVP James E. Perry sold 145 shares of the firm's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $275.05, for a total transaction of $39,882.25. Following the completion of the sale, the executive vice president directly owned 25,178 shares of the company's stock, valued at $6,925,208.90. This trade represents a 0.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction on Monday, September 15th. The stock was sold at an average price of $250.00, for a total value of $250,000.00. Following the completion of the transaction, the chief executive officer owned 61,522 shares in the company, valued at $15,380,500. The trade was a 1.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,412 shares of company stock valued at $1,497,397 in the last ninety days. Company insiders own 1.30% of the company's stock.

Hedge Funds Weigh In On CSW Industrials

A number of institutional investors have recently bought and sold shares of CSW. Millennium Management LLC lifted its stake in CSW Industrials by 435.2% during the fourth quarter. Millennium Management LLC now owns 3,934 shares of the basic materials company's stock valued at $1,388,000 after buying an additional 3,199 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of CSW Industrials by 5.3% in the 4th quarter. California State Teachers Retirement System now owns 15,554 shares of the basic materials company's stock valued at $5,487,000 after acquiring an additional 782 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of CSW Industrials by 526.3% in the 1st quarter. Versant Capital Management Inc now owns 119 shares of the basic materials company's stock valued at $35,000 after acquiring an additional 100 shares in the last quarter. GAMMA Investing LLC boosted its stake in CSW Industrials by 63,348.5% in the 1st quarter. GAMMA Investing LLC now owns 86,290 shares of the basic materials company's stock worth $25,155,000 after purchasing an additional 86,154 shares during the period. Finally, Heritage Family Offices LLP grew its position in CSW Industrials by 9.9% during the 1st quarter. Heritage Family Offices LLP now owns 779 shares of the basic materials company's stock worth $227,000 after purchasing an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 82.79% of the company's stock.

CSW Industrials Stock Performance

Shares of CSW opened at $241.73 on Monday. The firm has a market capitalization of $4.06 billion, a PE ratio of 28.88 and a beta of 0.91. The company has a quick ratio of 1.48, a current ratio of 2.86 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $263.28 and a 200 day moving average price of $288.78. CSW Industrials has a 52-week low of $240.26 and a 52-week high of $436.50.

CSW Industrials (NYSE:CSW - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The basic materials company reported $2.85 EPS for the quarter, topping analysts' consensus estimates of $2.62 by $0.23. The company had revenue of $263.65 million for the quarter, compared to the consensus estimate of $278.27 million. CSW Industrials had a net margin of 15.18% and a return on equity of 13.78%. On average, sell-side analysts anticipate that CSW Industrials will post 8.49 earnings per share for the current fiscal year.

CSW Industrials Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 8th. Stockholders of record on Friday, July 25th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. CSW Industrials's dividend payout ratio is currently 12.90%.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.

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